27 Main StClinton, CT 06413

Property Details for 27 Main St

Year built

1948

Construction

FRAME

Lot size

0.25 AC

Property size (Sq ft)

4,819 SF

Zone code

B-3

Property type

Investment properties

Property subtype

Live-work space

APN

CLIN M:56 B:60 L:11

APU

CLINM56B60L11

Description

This exceptional business opportunity presents a thriving breakfast and lunch restaurant ideally located at 27 E Main Street in the heart of Clinton, CT. Boasting a prime location with high visibility and a substantial daily traffic count of 15,000 vehicles, this well-established restaurant enjoys a strong reputation and loyal customer base. Situated in the downtown area, it benefits from easy access to the train station and proximity to local marinas, beaches, and outlet shopping, attracting a diverse clientele of locals and tourists. The spacious interior comfortably accommodates over 90 patrons, featuring ample indoor and outdoor seating options, including an oversized counter with additional seating. The layout includes a large prep area and storeroom, ensuring efficient operations and ample storage capacity. Convenient parking is readily available for both customers and staff. The restaurant is fully ADA compliant, with accessible bathrooms and facilities, ensuring inclusivity for all. This turnkey operation is offered at $375,000 and sits on a 0.25-acre lot, presenting a rare opportunity to acquire a successful and established business in a vibrant and growing shoreline community. The restaurant's strong performance and prime location make this an attractive investment with significant potential for continued growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $796,725

  6.5%

  $735,438

  7%

  $682,907

• Comparable approach

  Method

  Valuation

  Relative Method

  $629,651

  Geo Method

  $629,651

• Alternative Use

  Use

  Valuation

  Residential

  $911,943

  Hospitality

  $835,335

  Educational

  $694,989

  Medical

  $718,891

  Retail

  $1,081,094

Location Insight

City

Clinton

County

Middlesex

State

Connecticut

Latitude

41.2787

Longitude

-72.5253

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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